Economic Evaluation Framework of Resource Allocation Methods in Service-Oriented Architectures

Economic resource allocation in application layer networks (such as grids) is critical to allow applications and users to effectively exploit computational and data infrastructures like service-oriented computing as a utility. Thus, the evaluation of resource allocation strategies plays a major part...

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Bibliographic Details
Main Authors: Streitberger, W., Reinicke, M., Eymann, T., Catalano, M., Giulioni, G.
Format: Conference Proceeding
Language:English
Subjects:
Computer applications
Computer networks
Distributed computing
Environmental economics
Grid computing
Information systems
IP networks
Resource management
Service oriented architecture
Statistical analysis
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Summary:Economic resource allocation in application layer networks (such as grids) is critical to allow applications and users to effectively exploit computational and data infrastructures like service-oriented computing as a utility. Thus, the evaluation of resource allocation strategies plays a major part in the selection of a resource allocation method. This paper presents an evaluation framework for resource allocation methods in application layer networks, that aims at supporting both a technical and an economic evaluation. The presented evaluation model shows a layered metrics pyramid with different aggregation levels. Statistical methods are used to describe this pyramid. On top of the pyramid, one single number, the social utility, is able to characterize an economic resource allocation method. This number may serve to compare different resource allocation strategies
ISSN:2378-1963
2378-1971
DOI:10.1109/CEC-EEE.2006.39